Tag Archives: Mitel

Mitel Appoints Jeremy Butt as SVP of EMEA

Mitel®, a global leader in business communications, announced the appointment of Jeremy Butt to oversee the company’s operations in the EMEA region. Mitel, which already holds the #1 market share position in Europe, looks to accelerate further across the region as customers of all sizes are increasingly turning to cloud technologies to provide a path to the future. Continue reading Mitel Appoints Jeremy Butt as SVP of EMEA

Mitel Completes Acquisition of ShoreTel

Mitel® announced the completion of its acquisition of ShoreTel. With this addition, Mitel has accelerated its move-to-the-cloud strategy, shifting into the #2 market share position for UCaaS (Unified Communications as a Service) globally* as customers worldwide look for cloud and cloud-capable solutions to digitally transform their businesses. Continue reading Mitel Completes Acquisition of ShoreTel

Mitel announces definitive agreement to acquire ShoreTel

Mitel (Nasdaq: MITL) (TSX: MNW) and ShoreTel (Nasdaq:SHOR) today announced that they have entered into a definitive merger agreement pursuant to which Mitel will acquire 100% of the outstanding shares of ShoreTel common stock in an all-cash transaction at a price of $7.50 per share, or a total equity value of approximately $530 million and a total enterprise value of approximately $430 million. The purchase price represents a 28% premium to ShoreTel’s closing share price on July 26, 2017. Continue reading Mitel announces definitive agreement to acquire ShoreTel

Mitel Completes Acquisition of Toshiba Unified Communications Systems Business Assets

Mitel®, a global leader of enterprise communications announced that it has completed the acquisition of certain assets, inventory and support obligations from Toshiba Corporation’s Unified Communications business. The announcement follows the Memorandum of Understanding signed by the two companies. Continue reading Mitel Completes Acquisition of Toshiba Unified Communications Systems Business Assets